Example Rental

Class B-, built in the mid 1980s, we did some internal modernizing and a new roof

Return to Track Record

4954 S Germantown Rd Memphis, Tennessee 38141

  • 3 Beds
  • 2.0 Baths
  • 1,643 Sqft
  • -2.01% Cash on Cash

Cost & Income

Purchase Price
$215,319
Renovation Costs
$25,993
Development Fee
$3,500
Total Basis
$244,812
Purchase Date
06/24/22
Date Rented -1362 days
Gross Rent
$1,395/mo
Vacancy (5.00%)
($6)
Property Mgmt (7.50%)
($105)
Other Expenses
($556)
Net Operating Income
$728/mo
Cap Rate
3.57%

Levered Cash Return
Not including any appreciation

Appraised Value
$215,566
Loan (75% LTV)
$161,675
LTC %
66%
Cash In
$83,138
Yield on Cash
0.79%
Net Operating Income
$8,741
Debt Service (P&I)
($10,412)
Cash Flow -2.01%
$-1,671
Principal Paydown 2.80%
$2,328
Total Income
$657
4954 S Germantown Rd
Estimated Value
$215,566
Value Over Cost
$-29,246
Initial Capital Gain
-11.95%

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